Global Broker Regulation Inquiry App
WikiFX
Franko Knavs 
1-2 years
What is the spread for trading with Finq?
Broker Issues
Fees and Spreads
08-17
United States
WikiFX
Reply
Spreads at Finq vary by account type. For the Classic account, spreads typically start at around 1.3 pips, but for the ECN account, they can go as low as 0.1 pips. If you're serious about trading, especially in the Forex market, opting for the ECN account will likely give you more favorable conditions. I find this structure appealing, as it rewards higher-tier account holders with lower spreads. For casual traders, the Classic account might be sufficient. If you're new to trading, it’s worth exploring the Finq bonus options, which can provide some initial leverage.
Similar Questions
Are there VCP Markets commissions?
zack18
07-06
How do Leverate’s overnight financing (swap) fees stack up against those offered by other brokers?
Prash_007
07-04
I want to trade with low spreads. Will BlackBul suit me?
Davis Wu
06-17
Are there commissions?
Wahab
07-20
Can I know the details about the fees of Olive Markets?
tabawan_dreamer
06-19